Resplendent Revenues & Robust Returns Revealed

Hoa Phat Group, a pillar of Vietnam’s industrial landscape, announced striking financial results for the first half of 2025. In the second quarter alone, revenue surpassed VND 36 trillion ($1.41 billion) and after-tax profit reached VND 4.3 trillion ($168 million). Cumulatively for January to June, the Group’s revenue reached over VND 74 trillion ($2.89 billion), up 5% year-on-year, while after-tax profit rose 23% to VND 7.6 trillion ($298 million).

Hoa Phat set an ambitious target for 2025: VND 170 trillion ($6.65 billion) in revenue and VND 15 trillion ($586 million) in after-tax profit. Midway through the year, it has achieved 44% of its revenue goal and 51% of its profit target. “This growth demonstrates our resilience and capacity to serve Vietnam’s development,” an executive from Hoa Phat shared.

Formidable Furnace & Flourishing Facilities Forecasted

A highlight of Hoa Phat’s strategy is completing Blast Furnace Number 6 at its Hoa Phat Dung Quat 2 Integrated Steel Complex by September 2025. Once operational, the Group’s total steel production capacity will rise to 16 million metric tons annually, including 9 million metric tons of hot-rolled coil.

This milestone aligns with national plans to boost self-reliance in steel production, reducing dependence on imports and ensuring steady supply for infrastructure, automotive and manufacturing sectors. Executives emphasised that this expansion is key to “meeting rising domestic demand and supporting Vietnam’s industrial modernisation.”

Surging Steel & Stalwart Sales Statistics Shared

Hoa Phat’s operational strength reflects in production data. In Q2 2025, it produced 2.5 million metric tons of crude steel, matching Q1 output and marking a 10% rise from Q2 2024. Sales volumes for hot-rolled coil, construction steel, high-quality steel and billets reached 2.6 million metric tons, up 9% quarter-on-quarter and 18% year-on-year.

Over the first half, Hoa Phat produced 5.1 million metric tons of crude steel, up 17% from H1 2024. Sales of various steel products climbed to 5 million metric tons, up 23% compared to the same period last year, with hot-rolled coil sales surging 42%. These figures confirm Hoa Phat’s role as Vietnam’s dominant steel supplier.

Agro Ascendancy & Accelerated Agricultural Achievements

Beyond steel, Hoa Phat’s agriculture business posted impressive gains. Revenue rose 38% in the first six months compared to the same period last year, while after-tax profit leapt 130%. This segment, once a small part of Hoa Phat’s portfolio, is now a meaningful contributor, driven by rising domestic demand, improved farm productivity and advanced supply chain management.

Hoa Phat’s leadership stressed: “Diversifying into agriculture has made our Group more resilient against steel market cycles, while supporting national food security and rural economies.”

Strategic Sites & Steel Sections Supporting State Schemes

A bold step for the future is Hoa Phat’s plan to build a new plant in Dung Quat, Quang Ngai, breaking ground on August 19, 2025. This facility will produce high-speed railway rails and special steel sections. Its mission: supply Vietnam’s transformative rail projects like the North–South high-speed railway and urban metro lines in Hanoi and Ho Chi Minh City.

“By localising rail steel production, we’ll reduce import dependence and support critical infrastructure,” said a company spokesperson. This project aligns Hoa Phat’s growth with national ambitions, positioning it as a backbone of Vietnam’s modernisation.

Stock ticker / stock exchange: Hoa Phat Group, Ho Chi Minh City Stock ExchangeStock price: VND 23,500 ($0.92), Change DoD: +1.2%

• Support & resistance levels: support around VND 22,800, resistance near VND 24,200• Simple moving average: 50-day at VND 22,900, 200-day at VND 21,700• Relative strength index: 62, indicating mild overbought conditions• Moving average convergence divergence: steady upward trend• Bollinger Bands: price near upper band, showing moderate volatility• Fibonacci retracement & extensions: next target VND 24,800

Key Takeaways:

• Hoa Phat Group posted after-tax profit of VND 7.6 trillion ($298 million) in H1 2025, up 23%.

• Annual steel capacity to reach 16 million metric tons, including 9 million metric tons of hot-rolled coil by late 2025.

• New plant to produce high-speed railway rails supports national infrastructure and reduces import dependence.